How Will SLB Stock React To Its Upcoming Earnings?

Financial Performance - SLB is expected to report earnings of $0.75 per share on revenue of $8.51 billion for Q2 2025, reflecting a 4% decrease in earnings and a 7% drop in revenue compared to last year [2] - For Q1 2025, SLB reported a revenue decline of 3% to $8.5 billion and a net income decrease of 25% to $797 million, with North America revenue rising by 8% while international markets saw a 5% decline [3] - The company has a current market capitalization of $48 billion, with total revenue for the past twelve months amounting to $36 billion, operating profits of $6.3 billion, and net income of $4.2 billion [4] Acquisition and Market Position - SLB's $8 billion all-stock acquisition of ChampionX received final approval from UK regulators, allowing the merger to finalize, which will integrate ChampionX's chemicals and automation into SLB's production systems [3] Historical Trends and Trading Insights - Historically, SLB's stock has increased after earnings reports 50% of the time, with a median one-day gain of 2.1% and a maximum increase of 10% [2][6] - Over the past five years, there have been 20 recorded earnings data points for SLB, yielding 10 positive and 10 negative one-day returns, with a decrease in positive returns to 42% when analyzing the last three years [6] - A strategy to assess the correlation between short-term and medium-term returns post-earnings can be effective, particularly if a strong correlation exists between 1D and 5D returns [7]